By now it is lunch time again, so time for the live Bitcoin price and the prices of the top 25 crypto. Then we look at current concerns about Ethereum (ETH) and Cardano (ADA). We close with a fraud alert. Android Apps users should take action.
We begin, of course, with the live Bitcoin price and the prices of the top 25 crypto.
Live Bitcoin price and prices top 25 crypto rise
At the time of writing, the live Bitcoin price is quoting EUR 29,293.42 ($30,519.80). This is 1.88% higher than during our Bitcoin lunch yesterday.
Sentiment is also positive for the prices of the other crypto in the top 25. We are currently seeing only green numbers with one exception. The exception is Leo Token (LEO), but with -0.90% the damage is not too bad there either. The biggest gain of the day is currently for Cronos (CRO) with + 6.25%. On the site of Tradeincrypto.com you can analyze all live crypto prices 24 hours a day.
Ethereum (ETH) under pressure due to upcoming sale 30,000 ETH crypto Vitalik Buterin?
Unrest has broken out among Ethereum (ETH) followers due to a transaction by Ethereum founder Vitalik Buterin. He moved 30,000 ETH from his personal wallet to the wallet he uses for sales and donations. If he actually sells or donates the crypto to one or more other parties who decide to sell there will be a large supply and that will depress the price.
This is obviously not good news, especially since the price outlook for the currency is already bearish. Indeed, the crypto is in an “oversold” position, yet investors are not bailing. Analyst John Roque therefore foresees problems and expects a price drop of no less than 80%. With that, the current Ethereum (ETH) price could quickly drop to $420.
Concerns about Cardano (ADA) due to whales
Larger investors seem to be losing confidence in Cardano (ADA). We see this by the number of Cardano (ADA) crypto that these whales are bringing to the exchange. For example, Cardano ADA holdings among holders of at least 10,000 and up to 100,000 ADA are down 8.8%.
The larger whales (holdings between 100,000 and 1 million ADA crypto) also let go of their holdings. Here the decline was 4.7%. Owners of at least 1 and up to 10 million ADA crypto are also selling, the drop here was 1.89%.
This puts pressure on the bullish expectation of Cardano (ADA), which we already commented on. Despite the live Cardano (ADA) price rising by $0.583 2.55% in one day analysts are holding out for the crypto to produce a ‘day candle’ below $0.37. If that happens, the bullish scenario for Cardano (ADA) is off the table and one has to reckon with a crash of 22% and thus a price target at $0.307.
Fraud Alert for crypto apps in Android
Researcher platform Trend Micro is sounding the alarm. Cybercriminals are once again targeting login data and crypto. With so-called Facestealer spyware they try to gain access to your Facebook account or private keys of crypto wallets.
They do this by implementing the spyware in apps from the Google Play Store such as VPNs, Camera and photo editing apps. Since the company sells a scanning tool they do not reveal which apps exactly are suspicious. However, we do know that they are 240 commonly used and relatively simple apps. In addition, the company reports that Google is now taking action to remove the malicious apps from the Play Store.
For those people who don’t want to use their scanning tool, they do provide a detailed explanation and some general tips to avoid downloading malicious apps. So be alert if you are installing new apps or have just installed them. Before using them, check the reliability of the creators and the reviews. Of course, you can check further by Googling the name of the app and developer you have doubts about. After all, forewarned is forearmed.
Staying up to date on the latest stock price developments?
You can always follow the developments yourself with our WANT crypto analyses or the background articles and previews on the crypto market and Bitcoin. Of course, you can also follow the live quotes 24 hours a day if you want to stay informed in real time. Are you interested in other investments besides crypto? Then our weekly Monday morning price forecast might be a reading tip. “Please note: We never give financial advice, so our contributions can’t be interpreted that way either. Always do your own research and decide on rational grounds if, when, what and how much you want to invest in.”
